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alAhli Subsidiaries​


SNB Capital Company (SNBC)

A Saudi Joint Stock Company registered in the Kingdom of Saudi Arabia to manage the Bank's investment services and asset management activities.




SNB Capital Dubai Inc.

An exempt company with limited liability incorporated in the Cayman Islands to source, structure and invest in private equity and real estate development opportunities across emerging markets.



NCB Capital Real Estate Investment Company (REIC)

The Company is a special purpose entity registered in the Kingdom of Saudi Arabia. The primary objective of REIC is to hold and register the real estate assets on behalf of real estate funds managed by SNB Capital Company. 



Türkiye Finans Katılım Bankası A.Ş. (TFKB)

A participation bank registered in Turkey that collects funds through current accounts, profit sharing accounts and lends funds to consumer and corporate customers, through finance leases and profit/loss sharing partnerships.

TFKB fully owns the issued share capital of TF Varlık Kiralama AŞ, (TFVK) and TFKB Varlik Kiralama A.Ş., which are special purpose entities (SPEs) established in connection with issuance of sukuks by TFKB.

Official Website:
https​:​//www.turkiyefinans.com.tr​



Real Estate Development Company (REDCO)

A Limited Liability Company registered in the Kingdom of Saudi Arabia. REDCO is engaged in keeping and managing title deeds and collateralised real estate properties on behalf of the Bank.



SNB Markets Limited

A Limited Liability Company registered in the Cayman Islands, engaged in trading in derivatives and repos/reverse repos on behalf of the Bank.



Eastgate MENA Direct Equity L.P.

A private equity fund domiciled in the Cayman Islands and managed by SNB Capital Dubai Inc. The Fund’s investment objective is to generate returns via investments in Sharia compliant direct private equity opportunities in high growth businesses in countries within the Middle East and North Africa (MENA).



AlAhli Outsourcing Company

A Limited Liability Company registered in the Kingdom of Saudi Arabia, engaged in recruitment services within the Kingdom of Saudi Arabia.



Samba Bank Limited, (SBL) Pakistan

A subsidiary incorporated as a banking company in Pakistan and is engaged in commercial banking and related services, and is listed on the Pakistan Stock Exchange.



Samba Real Estate Company

A Limited Liability Company registered in the Kingdom of Saudi Arabia, engaged in managing real estate projects on behalf of the Bank.



SNB Global Limited

A Limited Liability Company registered in the Cayman Islands, engaged in managing certain treasury related transactions.



SNB Funding Limited

A Limited Liability company under the laws of the Cayman Islands established with the main objective of generating liquidity for the Bank through issuance of bonds. 


SNB CAPITAL COMPANY (SNBC)

SNB Capital – SNB's investment arm – continues to build a market-leading position. Today, it puts advice on asset allocation and a growing discretionary portfolio management business firmly at its center, alongside the firm's highly regarded mutual funds.

Official Website:
https:​//www.alahlicapital.com


TÜRKIYE FINANS KATILIM BANKASI A.Ş. (TFKB)

Türkiye Finans Katılım Bankası, the leading Turkish participation bank, in which SNB owns a 67.03% shareholding, continued to grow and achieve very promising results.

The Turkish Bank operates as a participation bank, by collecting funds through current accounts and profit sharing accounts, and lending funds to consumer and corporate customers, through finance leases and profit/loss sharing partnerships.

Türkiye Finans's branch network comprises 286 branches and it is the second largest network in Turkey's participation banking sector. In customer segmentation, the bank refined its processes to provide improved offerings to certain segments.​

Official Website:
https​:​//www.turkiyefinans.com.tr​


SAMBA BANK LIMITED, (SBL) PAKISTAN

​A subsidiary incorporated as a banking company in Pakistan and is engaged in commercial banking and related services, and is listed on the Pakistan Stock Exchange. During the year ended 31 December 2021, the Board of Directors resolved to invite tender bids from interested parties to carry out due diligence procedures to evaluate and pursue potential sale transactions, subject to receiving regulatory and shareholder approvals. Subsequently, during the current year, the Board of Directors reconsidered this decision and decided to retain the Bank's existing equity stake in Samba Bank Limited, given the Pakistan banking sector outlook.​​


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ALAHLI INSURANCE SERVICE MARKETING COMPANY

A Limited Liability Company, engaged as an insurance agent for distribution and marketing of Islamic insurance products in Saudi Arabia.

The Board of Directors of the subsidiary in their meeting held on 28 January 2021 resolved to liquidate AlAhli Insurance Service Marketing Company. As at the reporting date, the required regulatory approvals and the legal formalities in respect of liquidation of the subsidiary are in progress.


CO-INVEST OFFSHORE CAPITAL LIMITED (COCL)

A Limited Liability Company registered in Cayman Islands, engaged in managing certain overseas investments through a fully owned entity, Investment Capital (Cayman) Limited (ICCL). ICCL has invested in approximately 41.2% of the share capital of Access Co-Invest Limited, which is also a Cayman Island Limited Liability Company, that manages these overseas investments. As at the reporting date, the required regulatory approvals and the legal formalities in respect of liquidation of the subsidiary are in progress.​


​​​​snb uae


UAE is key international footprint for SNB in the high growth markets across the GCC and larger Middle East region.

Our flagship branch located on Jumeirah beach road and our new branch in Abu-Dhabi located on Sheikh Zayed Bin Sultan Street offer world class banking to the UAE marketplace with a wide range of financial solutions to suit your every need. Our services range from Consumer banking to Corporate finance and from Investment advice to Private banking.​

Official Website:

https://www.alahli.com/en-us/Pages/UAE-AlAhli.aspx


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